Plan Snapshot
- Plan Sponsor: Craig Technical Consulting, INC.
- Sponsor EIN: 541935688
- Sponsor Address: 150 N SYKES CREEK PARKWAY, MERRITT ISLAND, FL, 32953
- Plan Type: 401(k)
- Total Participants: 195
- Total Assets: $15.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 195 | $15.6M | $352,178 | $1.0M |
| 2023 | 201 | $15.9M | $323,183 | $878,650 |
| 2022 | 160 | $14.3M | $45,265 | $776,994 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| MERRILL LYNCH PIERCE FENNER & SMITH | INVESTMENT ADVISOR | — | $66,011 | $66,011 |
| ADP, INC. | RECORD KEEPER | $35,361 | — | $35,361 |
| CRAIG TECHNICAL CONSULTING, INC | PLAN ADMINISTRATOR | $27,439 | — | $27,439 |
| NOVOGRADAC COMPANY LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — RECORD KEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $128,811
- Estimated Expense Ratio: 0.826% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $62,800 | $27,439 | — | — | — |
| 2023 | $12,537 | — | — | — | — |
| 2022 | $51,577 | — | — | — | — |